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ARMOUR Residential REIT Inc.

$17.56
+$0.05(+0.29%)
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Overall
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Value
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Tech
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Quality
Market Cap
$1.87B
Volume
1.00M
52W Range
$13.18 - $19.34
Target Price
$17.50

Company Overview

Mkt Cap$1.87BPrice$17.56
Volume1.00MChange+0.29%
P/E Ratio-130.1Open$17.60
Revenue$6.6MPrev Close$17.51
Net Income$-14.4M52W Range$13.18 - $19.34
Div Yield2.88%Target$17.50

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About ARMOUR Residential REIT Inc.

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.

Sector: Real Estate
Industry: REIT - Residential

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